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Thomas, the manager at Pharoah's Danishes, was excited to determine the company's profit this year. It was a break - out year for the company,
Thomas, the manager at Pharoah's Danishes, was excited to determine the company's profit this year. It was a breakout year for the company, especially after being selected to cater the World College Club Sports Athletes' Annual Meeting. The company was thrilled! The number and variety of danishes produced for that event alone doubled the company's sales for the year. Thomas knew the total sales amount but had yet to determine the total COGS. He hoped that it would be low relative to sales. Here are the transactions and amounts Thomas found when gathering information for his COGS calculation.
tableTransaction Description,,AmountAdvertising$
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